UPDATED: GoldenEye Reloaded and 007 Legends developer Eurocom is set to be hit by a significant amount of job losses. According to GamesIndustry International, the struggling studio is expected to be reduced in size by the end of the day.

Kotaku‘s reporting that 200-300 jobs are going at Square Enix in Japan. Most likely this will be a corporate shuffle after the merger with Eidos earlier this year. It is possible jobs could also go at developer Taito, which falls under Square jurisdiction. More info through the link. We”ll email Square about this now.